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Global financial messaging network, Swift, UBS Asset Management, and Chainlink have launched a groundbreaking pilot program to settle tokenized fund transactions. This initiative could change the way we invest in digital assets, making transactions faster and more efficient.

Swift, UBS and Chainlink aim to modernize traditional finance by enhancing tokenized fund processes with blockchain.

UBS Asset Management, Swift and Chainlink have completed a pilot project allowing the settlement of tokenized fund subscriptions and redemptions using the Swift network. The post Swift, UBS, and Chainlink Complete Pilot for Settling Tokenized Funds appeared first on Cryptonews.

Chainlink price on the weekly timeframe just broke below a crucial support level, risking a 45% crash. This decline follows the asset hitting a 50-month low against Bitcoin (BTC).

Chainlink (LINK) is showing promising signs of a substantial rally. Recent movements indicate that the asset is breaking free from a long-standing resistance trendline associated with a falling channel pattern.

The market sentiment across the cryptocurrency landscape is quite bearish. Amid this, Chainlink (LINK) turns bearish and is poised for a notable price decline but is currently at a strong support level. This negative outlook may be due to LINK's recent price action and traders' bets over the last 24 hours.

Major news from Chainlink is driving bullish momentum for LINK, triggering an influx of $500M in trading volume and sparking a surge in its price. This comes as the crypto markets adopt a bullish stance ahead of the US Election, with Bitcoin trading above $70,000 as anticipation builds for the presidential race outcome.

Bitcoin (BTC) slipped below $70,000 as markets turned bearish after the world's premier cryptocurrency briefly teased a new all-time high earlier in the week. BTC is currently down over 4% and is trading around $69,300.

TRON announced a major partnership with Chainlink, adding to the growing list of ecosystems integrating the Oracle network's data feeds, among other services.

How is Tron strengthening its rapidly-expanding $7 billion decentralized finance economy with Chainlink's assistance?

Pyth Network's momentum showcases its potential to challenge established Oracle providers significantly.

Ever since the launch of the Bitcoin ETF, the institutions have been accumulating the token heavily. As the price is ascending towards the ATH, these activities have been intensifying, and as a result, the total ETFs held by them have now surpassed the Bitcoins held by Satoshi Nakamoto.

TL;DR Tron replaces WinkLink with Chainlink as its oracle provider to strengthen DeFi security. The migration to Chainlink covers key applications like JustLend and JustStable, with $6.5 billion in TVL. The network initially covers Chainlink costs to drive the adoption of high-quality services in its ecosystem.

Chainlink Data Feeds is set to become the official data oracle solution for the TRON blockchain ecosystem, providing data feeds for TRON's DeFi applications JustLend and JustStable. In an Oct.

Tron's DeFi ecosystem turns to Chainlink for reliable, decentralised pricing data.

The integration could enhance TRON's DeFi ecosystem security and innovation, potentially driving broader adoption and growth in the blockchain space. The post TRON DAO adopts Chainlink Data Feeds to strengthen DeFi security, accelerate TRON's growth appeared first on Crypto Briefing.

This move is set to enhance the way decentralized finance (DeFi) applications operate on the Tron blockchain. Tron DAO announced that JustLend and JustStable will now use data feeds from Chainlink for pricing information.

Tron founder Justin Sun said the blockchain's integration of Chainlink would present significant opportunities for the two networks to grow in the stablecoin and real-world asset sector. In an Oct. 31 post on X, Sun stated: “[Tron] has joined Chainlink Scale, adopting Chainlink Data Feeds as TRON's official oracle.

The TRON DAO will discontinue its support for WinkLink Oracle and focus on the Chainlink network for further DeFi development.

Yesterday, Chainlink appeared at SmartCon in Hong Kong to announce some very interesting news.

Tron DAO said in an announcement that DeFi applications JustLend and JustStable — with over $6.5 billion in TVL — will use Chainlink's data feeds.

TRON DAO has partnered with Chainlink as its new official oracle provider, replacing WINkLink, to secure its $6.5 billion DeFi ecosystem through Chainlink's Data Feeds and SCALE program integration.

LINK is approaching a pivotal breakout level, with indicators and network metrics aligning bullishly.